A CFD special tax is levied on taxable property within a district area that is used to fund authorized public facilities and/or services. Special taxes for a CFD are typically levied annually and placed on the property tax bill [...]
The bond sale takes place on the morning of February 17, 2022.
Yes. The sale of the bonds will take place on February 17, 2022. Those interested in purchasing must set up an account with Hilltop Securities no later than February 16, 2022 to participate in the sale. Contact Rose Thompson [...]
The District’s accounting firm has created a separate fund to track all revenue and expenditures on the capital projects, in addition to the regular General Fund revenue and expenditures. These are published monthly in the Board of Trustees agenda [...]
The CFD issued $21.125 million in land-secured municipal bonds on February 17, 2022. Measure Z, which voters passed in November 2020, authorized for up to $24 million to be issued.
Yes, both commercial and residential property owners are subject to the assessment. Commercial properties will pay a flat rate. Those under 10,000 square feet will pay one rate, and those over 10,000 square feet will pay another. [...]
The proposed cost for owners of single-family residences is 10 cents per square foot for single family residences. The typical homeowner in the Library District will pay about $14 per month. Other property types will have different rates. The [...]
Yes, there are exemptions for low-income households available for anyone who qualifies. Property owners will be able to apply for this exemption between April 1-June 30, 2024. For more information, contact: ALD Director Nikki Winslow at (626) 798-0833, ext. [...]